Our Businesses We are innovative placemakers transforming communities Building on the success of our legacy, our diverse business units and capabilities offer a full spectrum of premier real estate services. Real Estate Development As the Chicago office of Related Companies, we are widely recognized as one of the most innovative and prolific developers in the U.S. For over 30 years, our team has developed best-in-class city centers, residential, mixed-use, and affordable properties. We are led by some of the most respected names in Chicago real estate. Our senior management team are veterans in the industry and have expertise in every aspect of real estate development including acquisitions, finance, architecture and design, construction, marketing, sales and leasing. Our vast financial resources allow us to execute developments of virtually any size or complexity while leveraging economies of scale to realize substantial purchasing and negotiating power, reduced construction costs and optimized management practices. Our capabilities include residential development ranging from affordable and workforce housing to luxury rental and for-sale residences; hotel and hospitality opportunities; office development; and unparalleled expertise incorporating all of these uses, along with verdant and reflective open spaces, into dynamic city centers. We are committed to ongoing discovery and innovation to propel the real estate industry. Over the past few years, we have developed and brought to market more than $3 billion in luxury residential, mixed-use and affordable developments. Some of these projects were the largest and most complex executed in our market. We’re proud that our buildings continue to redefine the concept of sophisticated urban living, contributing to the economic vitality and quality of life for our residents, guests, office tenants, visitors, neighborhoods and surrounding communities. Operating Portfolio Management We own and manage a premier portfolio of assets throughout Chicago and the Midwest. Our operating portfolio consists of a diversified mix of properties including luxury rental and condominium residences, commercial space, and affordable and workforce housing. We provide a diligently maintained property management platform which enables us to consistently exceed our residents’ and commercial tenants’ expectations. Our focus on, and commitment to, providing the highest and most personalized level of service is one of the hallmarks of the company and a key differentiator. Our success on this front has also allowed us to create and promote a groundbreaking suite of benefits and programming across our collection of properties. Given our unique position as owner/operator and our visionary mindset, we have been a leading innovator in managing real estate assets. We were the first to recognize the importance of hospitality in the tenant experience, the first to offer a fully online leasing process and among the first to accept electronic payment, via credit card or automatic bank withdrawal. We have also been at the forefront of sustainability, with most of our new developments pursuing LEED Silver certification or higher, and wellness as evidenced by our groundbreaking smoke-free initiative at our residential rental buildings. Affordable & Workforce Housing Affordable housing laid our foundation and remains a core pillar of our business today through Related Affordable. To date, we have developed, acquired and preserved more than 10,000 affordable residences and we have never converted a single unit to market-rate. Our expansive portfolio of affordable and mixed-income developments demonstrates our continued commitment to providing quality housing across a variety of geographically, economically and socially diverse neighborhoods. Many of the buildings we encounter are in need of substantial upgrading and preservation in order to continue to properly fulfill the needs of the residents. Given our almost 50 years of experience in debt and equity financing, as well as our extensive management of government assisted properties, we are well-positioned to buy-out existing owners who lack the resources and knowledge to recapitalize, and therefore wish to exit the affordable housing arena. In addition, with our extensive redevelopment experience, we bring the know-how to expertly rehabilitate the units, thus assuring the continued viability for years to come. We continue to actively look for affordable housing opportunities through the development, acquisition and refinancing of low, moderate and mixed-income properties in the Midwest. This is a key aspect of our commitment to help maintain the stock of affordable housing in the Chicagoland area and the greater Midwest region. Fund Management Our fund management team, staffed with industry veterans, leverages our core expertise as a real estate development, investment and operating company coupled with our significant financial experience to manage capital on behalf of Related and third-party investors in a co-mingled format. We have raised over $5 billion of capital to date, and are primarily focused on opportunistic real estate investments; the origination and acquisition of debt; multifamily housing opportunities; and investments in infrastructure-related development, management and services. The material presented herein is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any security by Related or any of its affiliates. This material may not be relied upon in connection with the purchase or sale of any security. The content of this website contained herein are provided for information purposes.
